Is Graham, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graham is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Graham was a Buyer's Market.

Key Takeaway

Graham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Graham, WA

How much do homes in Graham, WA cost?

Median Sold Price

$556,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$36,050(+6.9%)

Key Takeaway

Homes in Graham have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Graham was $556,000 in December 2024, up 6.9% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $385K$350K
-9.1%
2 $437.4K$509.9K
+16.6%
3 $500K$524.9K
+5.0%
4 $560K$599.9K
+7.1%
5+ $551.4K$619.9K
+12.4%

Summary: Graham housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

Graham
+6.9%
Spanaway
+5.8%
Orting
+5.3%
Graham-Thrift
+4.8%
Mount Rainier
-4.8%

Housing Supply in Graham, WA

How many homes are available in Graham, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
152129-15.1%

Summary: The Graham real estate market had 129 homes for sale in December 2024, a 15.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 1613
-18.8%
3 6965
-5.8%
4 5844
-24.1%
5+ 87
-12.5%

Summary: The Graham housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3229-9.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Graham, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Graham in December 2024, down by 9.4% month-over-month. Of the 29 sold homes, 38% were sold under asking, 34% were sold at asking, and 28% were sold over asking.

Days on Market for Graham, WA

How long does it take to sell a home in Graham, WA?

Average Sale Time

Dec 2023Dec 2024CHANGE
60 Days69 Days+14.8%

Summary: Homes in Graham had an average of 69 days on market in Dec 2024, up by 14.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Graham are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 29 homes were sold in Graham; 38% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Graham, WA

Nearby Markets to Graham, WA

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